Moody’s, Fitch warn of rosneft downgrade

摘要

Moscow—Ratings agencies Moody’s and Fitch have both put Rosneft’s ratings on review for downgrade following the state-controlled Russian oil major’s announcement that it has agreed to deals for the full takeover of TNKBP with current owners BP and AAR. “While the transaction has many positive attributes for Rosneft from a strategic and operational perspective, Moody’s decision to place the rating on review for downgrade reflects the considerable scale of the proposed transactions,” Moody’s said in a statement October 24.